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Detroit Pleads for Survival...Again
The Big Three automakers have updated their plans and increased what they’re asking in federal help for survival. Instead of $25 billion, now they want $34. We hear how their latest appeals were received by a Senate Committee today. Also, Canada's newly elected, conservative Prime Minister has nearly been forced out of office, and US Senate candidates in Minnesota may have to draw lots to see who won.
By Warren Olney • • 1h 0m ListenThe Big Three automakers have updated their plans and increased what they’re asking in federal help for survival. Instead of $25 billion, now they want $34. We hear how their latest appeals were received by a Senate Committee today. Also, Canada's newly elected, conservative Prime Minister has nearly been forced out of office, and Minnesota's US Senate race is so close a recount may not be possible. What do Al Franken and Norm Coleman do now?
Banner image: (L-R) United Auto Workers President Ron Gettelfinger, President and CEO of the Ford Motor Company Alan Mulally and Chairman and CEO of Chrysler LLC Robert Nardelli testify before the Senate Banking, Housing and Urban Affairs Committee. Photo: Chip Somodevilla/Getty Images
In this episode
3 storiesCanadian PM Stephen Harper Fighting for His Political Life
Less than two months after re-election, Canada's conservative Prime Minister has almost been forced out of office. Stephen Harper was saved for the moment by Queen Elizabeth's governor general, who agreed to let Parliament be closed down until the end of next month.
Read the story6 minWill Automakers Fare Any Better the Second Time Around?
The CEO's of the Big Three went back to Congress today, upping the ante from $25 to $34 billion in federal money to keep them in business. They promised personal sacrifice, better management and greener cars, saying the taxpayers would be paid back, maybe with interest. We hear their latest plans and how Senators in both parties reacted.
Read the story34 minRecall Drags on in Minnesota Senate Race
About three million votes were cast in last month's US Senate race in Minnesota, and the margin between the candidates is about 200, a difference of a few thousandths of one percent, making it appear impossible to determine a winner, even after a recount.
Read the story9 min
